3904.50=3800(1+.5r)

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Solution for 3904.50=3800(1+.5r) equation:


Simplifying
3904.50 = 3800(1 + 0.5r)
3904.50 = (1 * 3800 + 0.5r * 3800)
3904.50 = (3800 + 1900r)

Solving
3904.50 = 3800 + 1900r

Solving for variable 'r'.

Move all terms containing r to the left, all other terms to the right.

Add '-1900r' to each side of the equation.
3904.50 + -1900r = 3800 + 1900r + -1900r

Combine like terms: 1900r + -1900r = 0
3904.50 + -1900r = 3800 + 0
3904.50 + -1900r = 3800

Add '-3904.50' to each side of the equation.
3904.50 + -3904.50 + -1900r = 3800 + -3904.50

Combine like terms: 3904.50 + -3904.50 = 0.00
0.00 + -1900r = 3800 + -3904.50
-1900r = 3800 + -3904.50

Combine like terms: 3800 + -3904.50 = -104.5
-1900r = -104.5

Divide each side by '-1900'.
r = 0.055

Simplifying
r = 0.055

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